Q2 2024 Annaly Capital Management Inc Earnings Call
An increase in the average yield on interest-earning assets supports Annaly's (NLY) Q2 earnings, while a decline in NII acts as a spoilsport.
Annaly (NLY) delivered earnings and revenue surprises of 3.03% and 83.16%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?